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The Series A crunch is hitting now. Have we even noticed?

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❝ We know this: As many as a thousand companies who’ve received seed rounds won’t be around in a year — maybe six months. There simply won’t be soft-landings and acqui-hires for all of them. 

Essentially, we got here by entrepreneurs having too much of a good thing. The number of seed and angel investors has exploded in recent years, buoyed up by a number of factors. ❞

We noticed.

Post Facebook IPO has been absolute torture for startup fundraising. Worst environment I've seen since the financial crisis of 2008.

The product lens - Chris Dixon

 In "keep your chin up" fashion, focus on the product, not the financing.

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